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Of all the business entities someone could form, the S corporation is by far the most misunderstood. This is because the S-Corp is a tax designation rather than an actual business entity. Both limited liability companies (LLCs) and corporations can file to be taxed as an S corp. However, no state offers entrepreneurs the option […]
The S-Corp Tax Election and What it Can Mean to You! Read More »
With Veterans Day approaching, we wanted to dedicate this month’s blog post to our military men and women. We salute and honor you this month and thank you for your sacrifice. Whether it be sacrificing time with your family, or putting yourself at risk, BASC Expertise wants you to know that we are thankful for
Taxes for Military Personnel Read More »
Throughout the year life happens and things go unchecked all the time. Especially when it comes to updating your employer about your filing status for taxes when a life event happens. However, understanding what filing status you should be claiming is where you should first start. Â There are hundreds of questions when it comes
Knowing Your Filing Status Going Into 2020 Read More »
Starting a new business comes with a lot of responsibility, most of which you handle on your own as a business owner. You wear the hat of every department but you’re still only one person. However, the best way to ensure that you are not going into the startup without understanding the risks is to
Is Business Planning Really That Important if I am a Brand-New Business? Read More »
Should I hire an accountant for my small business? Whether it is your Etsy shop or your local bakery, an accountant can greatly benefit your business for a multitude of reasons. At BASC Expertise we understand that running your own business can be an exciting and also stressful endeavor. You are the embodiment of the
Hiring a Small Business Accountant Read More »
BASC Expertise
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